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Technology Stocks : UBID - an IPO spinoff of Creative Computers -- Ignore unavailable to you. Want to Upgrade?


To: George Gotch who wrote (211)12/22/1998 2:26:00 PM
From: Jim Paxton  Read Replies (1) | Respond to of 581
 
UBID blows me away! Internet stocks don't make sense, but this one is really strange.

Unlike Ebay, UBID has to buy their merchandise (at distress sales) and then resell. That narrows their margins. I went to their site, most of the stuff is junk wasn't selling at retail.

Oh well, I guess I am stupid, because some folks are making tons of money and I can't argue with that, except I can sleep at night.

I thought I could stand risk, but I found my threshold

Good luck to all



To: George Gotch who wrote (211)12/22/1998 3:23:00 PM
From: Ex-INTCfan  Read Replies (2) | Respond to of 581
 
Ebay -- the beginning of the end of classified ads <eom>